Drone Tech Company Flytrex Raises $7.5M in Series B Funding

The round, which brought total funding to $11m, was led by Benhamou Global Ventures (BGV) with participation from btov.

The company intends to use the funds to scale-up operations and technology, improving existing drone delivery services in Iceland and North Dakota, and prepare for the 2019 North Carolina launch as part of the U.S. Federal Aviation Authority’s (FAA) Unmanned Aircraft System (UAS) Integration Pilot Program.